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Question 29 Chapter 10 – Unimax Publications of Class 11
29. Give journal entries rectify the following errors.
(1) Sundry item of plant sold for ₹ 260 had been entered in sales book, the total of which book had been posted to sales a/c.
(2) Cash purchases from Ajay ₹ 180 were recorded in cash book as well as in purchases book and posted from both.
(3) ₹ 7,500 was outstanding on account of wages.
(4) ₹ 3,000 spent on current repair of plant and machinery was capitalized.
(5) Sales return book balance of ₹ 210 was not included in the accounts.
(6) A sale of ₹ 430 to Ramdas was credited in his account as ₹ 340.
The solution of Question 29 Chapter 10 – Unimax Publications of Class 11
Journal
| Date | Particulars | L.F. | Debit | Credit | ||
| 1 | Sales A/c | Dr. | 260 | |||
| To Plant A/c | 260 | |||||
| (Being sales of old plant entered in sales book, now rectified) | ||||||
| 2 | Ajay’s A/c | Dr. | 180 | |||
| To purchases A/c | 180 | |||||
| (Being cash purchases from Ajay entered in cash book & purchases book both, now rectified) | ||||||
| 3 | Wages A/c | Dr. | 7,500 | |||
| To Outstanding wages A/c | 7,500 | |||||
| (Being wages outstanding on it’s a/c not recorded, now rectified) | ||||||
| 4 | Repair A/c | Dr. | 3,000 | |||
| To Plant & Machinery A/c | 3,000 | |||||
| (Being spent on repair capitalise, now rectified) | ||||||
| 5 | Sales Returns A/c | Dr. | 210 | |||
| To Suspense A/c | 210 | |||||
| (Being sales return book’s total not included in the a/c, now rectified) | ||||||
| 6 | Ramdas’s A/c | Dr. | 770 | |||
| To Suspense A/c | 770 | |||||
| (Being sales to Ramdas of ₹ 430 credited to a/c as ₹ 340, now rectified) | ||||||
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